Weekly GRI roundup

By Catie Fry |Friday, April 18, 2014

OOCL will increase its cargo rates on Westbound services to Canada on May 1. Dry and reefer cargo rates on all routes/loops from Europe to Canada will increase $100 per TEU and $200 per FEU or 45-foot container.

Hapag-Lloyd will increase its cargo rates from Northeast Asia to Australia on May 15. Rates for all cargo and container types from Korea, China, Hong Kong and Taiwan to Australia will increase $500 per TEU.

Maersk will increase rates from North Europe to the Middle East and Indian Subcontinent on Mary 1. Rates will increase $200 per TEU, FEU, 40-foot high cube and 45-foot high cube dry.

Maersk will increase rates from the Middle East and Indian Subcontinent to West Africa on May 1. Rates will increase $150 per TEU; $300 per FEU; and $300 per 40-foot high cube dry.

Maersk will increase rates from Far East Asia to the Caribbean on May 15. Rates will increase $700 per TEU and $1,000 per FEU and 40-foot high cube dry.

Maersk will increase rates from Far East Asia to Mexico, West Coast South America and Central America on May 15. Rates will increase $700 per TEU and $1,400 per FEU and 40-foot high cube dry.

Maersk will increase rates from West and Central Asia to Djibouti, Ethiopia and Sudan on May 1. Rates from West and Central Asia to Djibouti and Ethiopia will increase $100 per TEU; $200 per FEU; and $200 per 40-foot high cube dry. From West and Central Asia to Sudan, rates will increase $103.63 per TEU and $207.27 per FEU and 40-foot high cube dry.

Maersk will increase rates from Far East Asia to Europe and Syria on May 1. Rates from Far East Asia to Europe will increase $550 per TEU; $1,100 per FEU; $1,100 per 40-foot high cube; and $1,100 per 45-foot high cube dry. From Far East Asia to Syria, rates will increase $587.26 per TEU and $1,174.53 per FEU, 40-foot high cube and 45-foot high cube dry reefer.

CMA CGM has also announced several rate increases:

Rates from all Asian ports to West Med, Adriatic, East Med, Black Sea and North Africa will increase $500 per TEU to West Med, Adriatic, East Med, Black Sea and North Africa; and $532.03 per TEU to Syria on May 1.

Rates from all Asian ports to North Europe will increase $500 per TEU on May 1.

Rates from all Asian ports to Middle East Gulf ports will increase $300 per TEU on May 1.

Rates from all Asian ports to Middle East Gulf ports will increase $300 per TEU on May 15.

Rates from all Asian ports to Sri Lanka, Pakistan and West India will increase $150 per TEU and $200 per FEU on May 1.

Rates from all Asian ports to Sri Lanka, Pakistan and West India will increase $150 per TEU and $200 per FEU on May 15.

Rates from the United Arab Emirates to Zanzibar will increase $250 per TEU on May 1.

Rates from all Asian ports to Jeddah, Ain Sukhna, Aqaba, Djibouti, Port Sudan, Aden and Hodeidah will increase $300 per TEU on May 1.

Rates from the United Arab Emirates to Mombasa and Dar Es Salaam will increase $125 per TEU of May 1.

Rates on dry cargo from the North Continent, Scandinavia and U.K. to the Middle East Gulf only will increase $200 per container on May 15.

On Friday, April 18, the Shanghai Container Freight Index was set at 1047.97, down 19.45 points from April 11.